| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.6B | 0.5% | 4.4% |
| Op. Income | $431M | $399M | $362M | 8.0% | 19.1% |
| Gross Margin | 70.6% | 72.0% | 69.8% | -1.4pp | 0.8pp |
| Net Margin | 19.5% | 17.9% | 18.2% | 1.6pp | 1.3pp |
| EPS (Diluted) | $1.67 | $1.51 | $1.44 | 10.6% | 16.0% |
| Free Cash Flow | $271M | $78M | $338M | 247.4% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $504M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $237M |
| Selling & Marketing | $455M |
| General & Administrative | $86M |
| SG&A Expenses | $541M |
| Other Expenses | $0 |
| Operating Expenses | $778M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $431M |
| Interest Income | $25M |
| Interest Expense | $26M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $433M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $334M |
| D&A | $48M |
| EBIT | $459M |
| EBITDA | $507M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $504M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $237M |
| Selling & Marketing | $455M |
| General & Administrative | $86M |
| SG&A Expenses | $541M |
| Other Expenses | $0 |
| Operating Expenses | $778M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $431M |
| Interest Income | $25M |
| Interest Expense | $26M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $433M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $334M |
| D&A | $48M |
| EBIT | $459M |
| EBITDA | $507M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $334M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $71M |
| Change in Working Capital | -$185M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $641M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$483M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$103M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$279M |
| FREE CASH FLOW | $271M |
| Net Change in Cash | -$443M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.4B |
| Net Receivables | $1.3B |
| Inventory | $109M |
| Other Current Assets | $495M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $807M |
| Goodwill | $2.8B |
| Intangible Assets | $26M |
| Long-Term Investments | $137M |
| Tax Assets | $946M |
| Other Non-Current Assets | $366M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $413M |
| Short-Term Debt | $41M |
| Deferred Revenue | $2.3B |
| Other Current Liabilities | $491M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $2.4B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $2.7B |
| Net Debt | $1.1B |
